O Shaughnessy Asset Management LLC Cuts Stock Holdings in Anheuser-Busch InBev SA/NV (NYSE:BUD)

O Shaughnessy Asset Management LLC lessened its stake in shares of Anheuser-Busch InBev SA/NV (NYSE:BUD - Free Report) by 32.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 38,195 shares of the consumer goods maker's stock after selling 18,253 shares during the quarter. O Shaughnessy Asset Management LLC's holdings in Anheuser-Busch InBev SA/NV were worth $1,912,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of BUD. Artisan Partners Limited Partnership acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter valued at approximately $56,849,000. Raymond James Financial Inc. acquired a new position in shares of Anheuser-Busch InBev SA/NV in the 4th quarter worth approximately $37,311,000. Alberta Investment Management Corp acquired a new position in shares of Anheuser-Busch InBev SA/NV during the 4th quarter valued at $28,540,000. Penn Davis Mcfarland Inc. raised its holdings in Anheuser-Busch InBev SA/NV by 34.0% during the fourth quarter. Penn Davis Mcfarland Inc. now owns 467,519 shares of the consumer goods maker's stock worth $23,409,000 after buying an additional 118,686 shares during the last quarter. Finally, Sei Investments Co. raised its holdings in Anheuser-Busch InBev SA/NV by 47.3% during the fourth quarter. Sei Investments Co. now owns 321,937 shares of the consumer goods maker's stock worth $16,116,000 after buying an additional 103,312 shares during the last quarter. Institutional investors and hedge funds own 5.53% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on BUD shares. TD Cowen reduced their price target on shares of Anheuser-Busch InBev SA/NV from $65.00 to $55.00 and set a "hold" rating for the company in a research report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft raised shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research note on Monday, March 3rd. StockNews.com upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating in a research report on Thursday, April 3rd. Argus upgraded shares of Anheuser-Busch InBev SA/NV from a "hold" rating to a "buy" rating and set a $70.00 price target on the stock in a research report on Thursday, March 27th. Finally, Berenberg Bank started coverage on shares of Anheuser-Busch InBev SA/NV in a report on Wednesday, April 2nd. They issued a "buy" rating on the stock. One equities research analyst has rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $66.00.

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Anheuser-Busch InBev SA/NV Stock Performance

BUD stock traded down $0.61 on Thursday, hitting $60.58. The company had a trading volume of 924,840 shares, compared to its average volume of 1,830,098. Anheuser-Busch InBev SA/NV has a 12-month low of $45.94 and a 12-month high of $67.49. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The stock's 50-day simple moving average is $58.29 and its 200 day simple moving average is $56.67. The stock has a market cap of $108.87 billion, a price-to-earnings ratio of 18.71, a P/E/G ratio of 1.73 and a beta of 0.80.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its quarterly earnings results on Wednesday, February 26th. The consumer goods maker reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.13. The business had revenue of $14.84 billion for the quarter, compared to the consensus estimate of $14.07 billion. Anheuser-Busch InBev SA/NV had a net margin of 10.98% and a return on equity of 15.29%. As a group, equities research analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.